This podcast episode of "Cyber Savvy Podcast" features host Mike Shelah continuing a conversation with insurance expert Steven Heller about cybersecurity insurance. They discuss how the cybersecurity insurance landscape has evolved significantly, particularly after COVID-19, with insurers now requiring more rigorous standards and detailed assessments before providing coverage.
The conversation covers the relationship between managed IT services and cybersecurity insurance, explaining how they complement each other rather than being alternatives. Heller emphasizes the importance of accurately completing insurance applications with professional guidance, understanding policy conditions, and considering various coverage types including business interruption, intellectual property protection, and media liability.
The episode highlights how proper cybersecurity measures and insurance together create comprehensive protection for businesses.
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